Current Affairs Quiz-September, 2020

Notes:
The Reserve Bank of India (RBI) has issued guidelines regarding Compliance Functions in Banks and Role of Chief Compliance Officer (CCO).
The guidelines direct that all banks should have a board approved Compliance Policy and Appointment of CCO. The CCO shall be a senior executive of the bank, preferably in the rank of a General Manager.

Notes:
The Carpet Export Promotion Council (CEPC) was established by the Ministry of Textiles in 1982, to promote export of Carpets and other allied Products from India.
Recently, CEPC was in news as the organization has announced a three-day virtual Buyer-Seller Meet. The programme is to focus on Australia and adjoining countries, as India is the biggest exporter of handmade carpets to those countries.

Notes:
British Racing Driver Lewis Hamilton has recently clinched his 90th Formula One win after winning the Tuscan Grand Prix Tournament.
Valtteri Bottas reaced within 1.1 seconds of Hamilton and finished second while Red Bull driver Alexander Albon finished third and clinched his first career podium. Hamilton can equal Schumacher’s record of victories at the Russian Grand Prix, as he is one win behind Schumacher.

Notes:
The Union Ministry of Road Transport has notified regulations for upgrading emission & safety features in Indian automobiles.
The Ministry has also issued draft notifications for anti-lock braking systems (ABS), airbags, reverse parking assist and crash standards for Indian vehicles. The Ministry has stated that there are plans to bring Indian automotive industry at par with developed nations in such regulations.

Notes:
Foundation stone was laid for construction of a Special Economic Zone (SEZ) in Sabroom of Tripura. It is the first SEZ of the state.
The SEZ is being built at a cost of Rs 635 crore and would focus on rubber, bamboo, textile and food processing. Sabroom is located at a distance of 130 km from Agartala, the capital of Tripura.

Notes:
The United States has recently banned eight Chinese goods including cotton, hair products, computer components and some textiles from China’s Xinjiang province.
The Department of Homeland Security (DHS) of the U.S has stated that the products are produced using ‘Forced labour’. It also alleges that China weakens American workers and businesses by trying to import these goods into the U.S.

Notes:
The candidate of National Democratic Alliance and Janata Dal (United) MP – Harivansh Narayan Singh has been re-elected as the Deputy Chairman of Rajya Sabha deputy chairman by a voice vote.
This is the second time he has been selected as the Deputy Chairman of Rajya Sabha. He defeated the opposition candidate Manoj Jha of Rashtriya Janata Dal.

Notes:
World Ozone Day or ‘International Day for the Preservation of the Ozone Layer’ is observed on September 16 all over the world.
Vienna Convention for the Protection of the Ozone Layer was adopted and signed by 28 countries, on 22 March 1985. The theme of this year is ‘Ozone for Life’. This year also marks the 35th year of the Vienna Convention and 35 years of global ozone layer protection.

Notes:
The Supreme Court has ordered for setting up a panel of five distinguished citizens. The objective of the panel would be to set standards for electronic media.
This is pronounced by the Supreme Court in the context of the TV show “Bindas Bol” that is relayed on Sudarshan TV. The court has stated that the said TV programme appears to vilify the Muslim community and make it responsible for an attempt to infiltrate the civil services

Notes:
Proposals for the National Highways Excellence Awards 2020 have been invited by Ministry of Road Transport and Highways.
The award was first instituted in 2018 and is conferred to companies that are performing exceptionally well in the construction, operations, maintenance of highways. The awards are given every year in seven categories.